Studio sues former employee for fraud, theft

Ben Hart Jan. 16, 2014, 6:40pm

A martial arts studio is suing a former employee for theft of more than $100,000 through a credit card processing company.

Tiger Martial Arts Inc. filed a lawsuit Jan. 13 in the Cook County Circuit Court against former employee Ethan Hong and Square Inc.

According to the complaint, on Jan. 12, 2012, as an employee of Tiger Martial Arts, Hong opened up a credit card processing account with Square Inc. without knowledge of consent from his employer. Soon thereafter, Hong accepted tuition payments with the Square account in excess of $100,000. The plaintiff further claims Square Inc. did not verify that Hong was an authorized representative of the Studio before opening the account.

Tiger Martial Arts Inc. is suing for all money diverted from the Studio and revenue lost due to harm to the Studio's reputation. He is being represented in the case by attorney Jeffrey T. Peterson from the Law Offices of Jeffrey T. Peterson LLC.

Cook County Circuit Court Case No. 2014L000359.

This is a report on a civil lawsuit filed in the Cook County Circuit Court. The details in this report come from an original complaint filed by a plaintiff. Please note, a complaint represents an accusation by a private individual, not the government. It is not an indication of guilt, and it only represents one side of the story.

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